Tanfield Group (LON:TAN) Hits New 52-Week High – Time to Buy?

Shares of Tanfield Group PLC (LON:TANGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 6.73 and last traded at GBX 6.17, with a volume of 255684 shares changing hands. The stock had previously closed at GBX 6.73.

Tanfield Group Stock Performance

The stock has a 50 day moving average price of GBX 5.31 and a 200 day moving average price of GBX 4.88. The company has a market cap of £10.96 million, a P/E ratio of -15.28 and a beta of 0.83.

Tanfield Group (LON:TANGet Free Report) last issued its earnings results on Tuesday, September 30th. The company reported GBX (0.33) earnings per share for the quarter. Tanfield Group had a negative return on equity of 0.00% and a negative net margin of 1.19%.

About Tanfield Group

(Get Free Report)

Tanfield Group PLC operates as an investment company. The company, through its 49% interest in Snorkel International Holdings LLC, produces self-propelled, towable, and push-around aerial lifts, including diesel and electric scissor lifts, mast lifts, telescopic boom lifts, and articulating booms. Tanfield Group PLC also, through its 5.76% interest in Smith Electric Vehicles Corp., designs and produces electric commercial vehicles for short haul urban fleets.

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